Three Wedge Patterns Identified; Wedge #1 Rising Bottom, Falling Top; Wedge #2 Rising Top, Rising Bottom; Wedge #3 Falling Top Falling Bottom
Wedge #1 Bull 8 Bear 1
Wedge #2 Bull 0 Bear 2
Wedge #3 Bull 5 Bear 0
Conclusion: For
TSLA, historical patterns indicate Wedge 1 and 3 are correlated with Bull breaks; Wedge 2 does not have enough data, but trends bearish.
Wedge #1 Bull 8 Bear 1
Wedge #2 Bull 0 Bear 2
Wedge #3 Bull 5 Bear 0
Conclusion: For
TSLA, historical patterns indicate Wedge 1 and 3 are correlated with Bull breaks; Wedge 2 does not have enough data, but trends bearish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.